Jason Calacanis has maintained good enough relations with some of his former peers at AOL to get some inside intel, once in a while. Valleywag is reporting that someone tipped off Calacanis - who sold his Weblogs Inc. to AOL for $25M before running Netscape for them - that Time Warner is looking to unload AOL with the help of private equity investors.
Bear in mind, Google plunned down $1B for $5B, implying a $20B valuation.
Related:
- Yahoo!/AOL/MSFT Menage a Trois? Don’t Count on It
- Who is King of Digital Media
- Exercise in Insanity: If I had a billion dollars
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